4 Bed Pool Home for Sale in Cape Coral
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SoldMLS# 225054120

$798,500

4 Bed Pool Home for Sale in Cape Coral

2118 SE 18th Avenue, Cape Coral, FL, 33990

4 beds3.5 baths3,242 sqft3 garage
GatedBoatingWaterfront

About this home

Exceptional multigenerational opportunity in this Gulf-access pool home featuring a completely separate, private-entry apartment—ideal for extended family living, in-laws, long-term guests, or additional rental income. Located at 2118 SE 18th Avenue in Cape Coral, this custom-designed residence offers flexible living on an oversized 150-foot seawall lot with intersecting canal views and desirable western exposure. Boaters will appreciate the direct Gulf access via one bridge to the Caloosahatchee River and Intracoastal Waterway. The main home includes three bedrooms and two bathrooms in a functional split-bedroom layout. The owner’s suite offers dual walk-in closets and an updated en-suite bathroom. The open-concept floor plan features high ceilings, tile and laminate wood flooring, and a well-appointed kitchen with stainless steel appliances, a breakfast bar, and a casual dining nook. A standout feature is the fully independent guest or in-law suite with its own private entrance, one bedroom plus den, 1.5 bathrooms, a full kitchen with granite countertops and stainless steel appliances, its own screened lanai with water views, dedicated HVAC system, water heater, and laundry. This flexible layout provides the perfect setup for multigenerational living or passive income through short- or long-term rentals. Outdoor living is equally impressive, with a professionally landscaped yard offering privacy and tropical curb appeal. The expansive covered lanai includes a wet bar and leads to a sparkling saltwater pool and spa overlooking intersecting canals where manatees, dolphins, and native birds are frequent visitors. Positioned to capture stunning sunsets, this home delivers a true resort-style living experience. Recent improvements include a 2023 roof, new pool pump and filter system, 2019 HVAC and water heater, impact-rated exterior doors and sliding glass doors, and storm shutters. Located in a quiet, well-established neighborhood near Four Mile Cove Ecological Preserve, the home is also close to shopping, dining, parks, and essential services. With unmatched flexibility, income potential, and premium waterfront access, this property is a rare find—and has never experienced flooding.

Property details

Type
SingleFamilyResidence
Year built
2001
Interior
3,242 sqft
Lot size
13,329.36 sqft
Acreage
0.31 acres
Garage
3 car
Days on market
146
Total association fees
None
CDD
None
Est. taxes (1.4%)
$11,179/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
Impact Windows/Doors, Shutters
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Indirect — bridges/locks
Pool
Yes
Spa
Yes
Natural gas
No
Water
Assessment Paid
Sewer
Assessment Paid
New construction
No
Pets
Yes
County
Lee

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
2124 Cornwallis ParkwayMar 2026$720,0003/23,101$232
Average1 comps$720,000$232

Market trends, Cape Coral

Median list
$399,000
Median $/sqft
$232
Median sold (90d)
$385,000
Avg days on market
94
Active listings
2,481
Median sold price · Cape Coral
$385,000last 3 months7.2% vs $359,000 prior 3 months
Median closed price by month · Cape Coral
1.3% MoM8.4% YoY
$340k$365k$390kJul ’25Aug ’26
$384,750Aug ’26 · 413 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $90,000 (10.6%) from the original list price.

Dec 11, 2025Sold$760,000
Oct 20, 2025Price reducedfrom $798,600$798,500
Jun 9, 2025Listed$850,000

The good, the trade-offs & the location

Pros
  • Private pool
  • Gulf access (Indirect — bridges/locks)
  • Storm protection: Impact Windows/Doors, Shutters
  • 3-car garage
Consider
  • Built 2001 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
1.5 mi
Cape Coral Hospital
Beach
11.1 mi
Fort Myers Beach
Airport
4.9 mi
Page Field (Fort Myers)
Shopping
2.6 mi
Coralwood / Merchants Crossing (Cape)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.